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JustKeepGoing
Joined: 28 Mar 2024
Last visit: 09 May 2026
Posts: 50
Own Kudos:
Given Kudos: 72
Status:Question is not CAN YOU? Its WILL YOU?
Location: India
Concentration: Technology, General Management
Schools: ISB Booth (Chicago) CBS Duke Fuqua Emory Goizueta
GPA: 9.6
Products:
09 May 2026, 01:37
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Boil it down:
A doesn’t cause B
Had the causality been present: High A => High B
No correlation between A & B.
If the statements above are all true, which of the following can properly be inferred on the basis of them?
(A) Countries with large national budget deficits tend to restrict foreign trade - Irrelevant
(B) Reliable comparisons of the deficit figures of one country with those of another are impossible - Irrelevant
(C) Reducing a country’s national budget deficit will not necessarily result in a lowering of any trade deficit that country may have – Correct answer – similar attack on causality
(D) When countries are ordered from largest to smallest in terms of population, the smallest countries generally have the smallest budget and trade deficits. - Irrelevant
(E) Countries with the largest trade deficits never have similarly large national budget deficits – Irrelevant – Reveres causality
A doesn’t cause B
Had the causality been present: High A => High B
No correlation between A & B.
If the statements above are all true, which of the following can properly be inferred on the basis of them?
(A) Countries with large national budget deficits tend to restrict foreign trade - Irrelevant
(B) Reliable comparisons of the deficit figures of one country with those of another are impossible - Irrelevant
(C) Reducing a country’s national budget deficit will not necessarily result in a lowering of any trade deficit that country may have – Correct answer – similar attack on causality
(D) When countries are ordered from largest to smallest in terms of population, the smallest countries generally have the smallest budget and trade deficits. - Irrelevant
(E) Countries with the largest trade deficits never have similarly large national budget deficits – Irrelevant – Reveres causality
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